ELECTRONEUM SLAVES! (UPDATE: I just received my payments)
One of the most successful ICOs from 2017 was Electroneum; it reached hard cap of $40 000 000.
Everyone honest and with basic knowledge about blockchain and investing will tell you that main power of this project during its ICO was in MARKETING! There was no product, what was proven after the ICO was over, and all investors in Electroneum had to wait just to access to their funds, not to mention all other functions that this project was advertising it will have.
The main thing of the whole Electroneum project was meant to be mobile mining, and even to this day, that is still not in function. Just a few days ago team launched some buggy beta version worth $40 million.
We have to congratulate Electroneum team for a great marketing campaign. Aiming to a big number of new cryptocurrency investors they presented their project in the form of: "You are too late for Bitcoin, but we are new Bitcoin," and this worked perfectly bringing them $40 000 000.
This article is not about rising FUD about this project because there is a possibility that it will all work fine and Electroneum will become big and successful in the future. This article is about people that made Electroneum popular and its ICO super successful - Bounty hunters, and how Electroneum team treats them.
There were thousands of people working for Electroneum during bounty campaign for bounty rewards. At the beginning of the campaign all rules of the campaign where published on Bitcointalk forum:
The total bounty is divided into:
Bitcointalk Signature and Avatar - 25% ($50,000 USD in ETN)
Social Media
Twitter - 10% ($20,000 USD in ETN)
Facebook – 10% ($20,000 USD in ETN)
Creative Bounty – 25% ($50,000 USD in ETN)
Translation, Moderation & Community Management – 20% ($40,000 USD in ETN)
Other - 10% ($20,000 USD in ETN) {Social media influencers or newsletter owners. Contact us on [email protected] to discuss remuneration.}
And after the campaign ended bounty manager Deadley corrected the list of participants and number of tokens for their bounties and sent the spreadsheet to Electroneum team.
After few months hundreds of people working for Electroneum during the campaign are still not being paid (I am among them). First, we are being ignored by a team, and after that lied and manipulated several times. Team members are telling us that they will send us payments next week, and after that week is gone, again next week and so on, for a few months. It would be much easier just to tell us F... you we won't pay you anything!
I bought into ETN just because of the hype behind it, it's not a great project as you could see for how long it took them to give access to our funds. It's 10* from my initial investment though and I should probably sell some of it before it goes down a lot. But considering the space and how much bad projects soar maybe it's not bad to hold for the short term
One of the main components of suces for any new project is number of people supporting it... And Electroneum was over the roof on this segment so I belived that it could become sucesfull if team delivers... But after all thinks in last few months I am not so sure any more...
This space changes a lot in a short amount of time, you always have to keep an eye out, even for the good projects you invested a couple of months ago. Whether they have better competition now, fallen behind or have flaws of any kind...
Everyone honest and with basic knowledge about blockchain and investing will tell you that main power of this project during its ICO was in MARKETING!
Ya, this is true. marketing brings awareness and a great tool.
This is worth reading over and over again
Bok @kriptonoob pridruži nam se na novo podignutom Discord serveru za Hrvatske Steemit korisnike detaljnije o ideji možeš pročitati u linku ispod
(ispričavam se ukoliko si već tamo, ovaj komentar post-am po redu svima)
https://steemit.com/steemit/@ivan.atman/official-croatian-discord-server-is-up-and-croatian-steemit-association-is-up-hrvatska-udruga-steemit-korisnika-husk
@kriptonoob I'm giving away 1,000 ETN in 2 days! Check out my post for details. Loved your article btw!
https://steemit.com/electroneum/@lanceswallart/i-m-giving-away-1-000-electroneum-to-one-of-you
You are making a really wonderful publication
You are a really successful person
I’m sorry.
Previously, I was voted like every time from you, but recently I can not do it. Do you have a cause for me? could you please tell me?